Reset Your Password

CENTURY 21 Reward Realty - Blog

Some people can live in their homes for years without ever experiencing a power outage. In fact, even in areas prone to serious storms or snowfalls, power loss doesn't happen that often. No wonder so many homeowners are caught unprepared when it does.
To make sure you're not caught unprepared, follow these tips:
• Replace batteries in unused flashlights every six months.
• ...

Like heat, water and air conditioning, insurance is a home expense you have some degree of control over. In fact, there are ways to reduce your insurance costs by as much as 20%. The thing to keep in mind is that insurance companies will often reward you – in the form of lower rates – when you do something to reduce the risk of damage to your property. That's why you can often get a discount ...

When you’re shopping for a new home, you want to find a property that has all the features and characteristics you want. A large deck surrounded by picturesque landscaping ... a beautiful kitchen with gleaming marble countertops... a cozy finished basement with fireplace....
You should look for the ideal home. You deserve it! But some home buyers make the mistake of becoming fixated on finding ...

Why is it so important to know how much you can afford to spend on a home?
Two reasons.
First, you don't want to buy a property and then find out, only after you’ve moved in, that you can't financially maintain it. That would mean having to resell it under stressful conditions.
Second, you don't want to settle for a property that's less than ideal, when you really could have afforded ...

You will want to make the process of shopping for a home as productive and enjoyable as possible. After all, you'll be on a quest to find your next dream home. That's why it's important to take the right things with you:
A digital camera, so you can take pictures of the features you like in the properties you see.
A notepad, so you can take notes.
Measurements of your largest pieces ...

Edmonton and Surrounding Areas as of April 3, 2012:
The month-end Multiple Listing Service® sales figures for the month of March 2012 released by the REALTORS® Association of Edmonton yesterday revealed a strong showing for Single Family Dwellings and Duplex style properties, but a slight dip or retraction on the average condo prices. The all-residential average* sales price of $335,187 ...

FORECAST
A 6-7% growth in the real estate market shouldn’t be a stretch, taking into account that our average residential price* is only at $364,803 (for the period ending Dec 31st 2011) and with the lower interest rates and the spring market upon us, we should most likely see a $389,000 to $390,000 average residential selling price by May/June 2012.
The surprising thing is that the Buyers ...

For the most part The City of Edmonton, St. Albert and Surrounding Areas have been very resilient despite all the uncertainty that abounds.
Since January of this year the average* price of a single family detached home has risen from $357,540 to $379,409 while the all-residential price has risen from $308,497 to $330,297. A stronger showing in prices rising consistently as compared to the levels ...

About our 2011 Forecast:
Our prediction was:
"We should begin to see an increase in values for single family detached properties commencing January 2011 with gains of up to 4% by the end of April 2011"
The Outcome is:
The real estate market has surpassed our earlier prediction by a 1.17% margin...as of the beginning of April 2011 we have a 5.17% increase in the Average selling Price in ...

Edmonton, February 2, 2011:
In Residential Properties:
1st Star: Single family homes (SFD)
2nd Star: Condos
3rd Star: Duplex/Rowhouse Property
The Hardest hit Properties by Sub Type in January 2011 was the Condo and the Duplex/Rowhouse Property. The average Condo price was $220,993 in January as compared to $233,529 in December 2010. Duplex and rowhouse prices also dropped on average ...

Forecast:
From an analysis of current Real Estate Market Trends in our area and past historical data, our prediction is that we should begin to see an increase in values for single family detached properties commencing January 2011 with gains of up to 4% by the end of April 2011; especially with the good news just released by Governor Mark Carney of the Bank of Canada that he will keep the ...

A big jump in housing prices, sales and listings in March, 2010 are the right ingredients to pave the way for renewed enthusiasm for the St.Albert, Edmonton and Area Market Place.
I am quite amazed at what the historical numbers reveal in relation to where we are today.
Now would be a good time to invest in properties that people are tired of holding and are willing to take up to $50,000 ...

February 2010
St. Albert, Sturgeon County, Edmonton and Area.
Overall Real Estate Prices in the St.Albert and Edmonton area have remained stable through February 2010 due in part to a better performance by the average Duplex and Rowhouse properties, Single Family Dwellings and Acreage with Homes.
There has been an increase in sales activity in February as compared to January 2010 indicating ...

It’s surprising when you look back and realize that despite the ups and downs in the marketplace in general, the Single family home, Condominium, duplex/rowhousing and Country Residential/Rural Sales Prices have been fairly stable since the values dramatically increased from 2006 to 2007.
For example,
FOR RESIDENTIAL Single Family, Condominium, Duplex/Rowhouse, Vacant Lots ...

St. Albert, Edmonton, Sturgeon County and Area
All indicators point to a very likely increase in the value of properties in the St. Albert, Edmonton and Area despite a probable slight increase in interest rates on the horizon.
We are currently experiencing a decline in inventory levels and a surge of buyers; there were 1,118 homes listed in December 2009 and 948 Units Sold resulting in a sales-to-listing ...

Edmonton, St. Albert and Area December, 2009:
Single Family Dwellings faring far better than Duplex and Condominium style properties …
In November, the average price of a single family dwelling went up 1.2% to $368,018*, reversing a 2% drop in the previous month - thumbs up to that one!
Another plus is that the total sales through the Edmonton, St. Albert and Area Multiple Listing Service® ...

November 3rd, 2009: Edmonton St Albert and Surrounding Area
Although we had experienced a welcomed but yet unexpected upward spike in Resale Home Prices and Sales Volume for the Month of September 2009, the seasonal fall trend is back in the saddle again for October 2009. Subsequently, current Market Trends are experiencing a slight decline in sale prices and sales volume since ...

Edmonton Market Trend Information
The strong September sales have boosted prices of both single family and condominium properties. Prices dipped slightly in August after showing steady gains all year but bounced back to mid-summer levels in September.
The average price of a single family dwelling moving into October 2009 was $371,947 and condos were priced on average at $245,546 (both ...

Downside:
Residential sales through the Edmonton and Area Multiple Listing Service® in August were lower than the number posted in July
There were a total of 1,673 sales last month as compared to 2,277 in July (a monthly record)
The average* SFD sold for $366,788 in August, down 1.6 percent from the previous month (July).
Condominium prices were down in August; dropping less than one percent
Upside: ...

So far we are liking what we are seeing moving into August 2009. We anticipate the market to cool slightly into September onward as it usually does in the seasonal cycles historically...see graph below:
But, July 2009 Sales were still strong in the overall Edmonton Market for the Single Family Homes – pushing up the Average Sale price of a home from $369,859 tpo $ 372,741 ...

JUNE Market Update STATISTICALLY SPEAKING
- Prices coming back a bit and Properties are beginning to selling faster...
We had strong sales that drove the sales to listing ratio to 80% from 68% last month.
Prices continue to climb with one month increases of 0.6% for single family dwellings and 1% increases for condominiums.
The average days on market was 60 days or more early in the ...

In the trenches, I have noticed a marked difference moving into June 2009. April and May were good months with buyers and sellers.
A greater percentage of Sellers are pricing their properties strategically in the market place to Sell them not just List them and fish for an uneducated Buyer.
I have been involved in numerous multiple offers once again. The difference ...

POSITIVE MARKET INDICATORS:
The Average Price of Single Family Home in March was $349,716, up 0.7% from February's $347,309
March Month end Listing inventory was 7,476 residential properties (down from 9,464 in March 2008)
Average days-on-market was 56 days (down five from February)
Condo prices increased 1.6% in March to $230,469, after a 5% drop in February
The average price of a duplex/rowhouse ...

We find that the Sellers have begun to understand that in order to sell a property in a decent amount of time, they will have to listen closer to their REALTOR's and allow them to set the fair market price. There is still the tendency to ask more than required for the property just in case an unsuspecting Buyer may just happen to bite. Not so today. The Saavy Buyer has started to ...

As REALTORS® we look for signs of stabilization in order to advise our clients on what the market is up to and to where we are in the recovery and growth cycle.
With The average* price of a single family home in January being $352,689 - (up a quarter of a percent as compared to December 08) and Condo prices being up 1.8% to $238,535, we are seeing good vital ...

To get a house today at 2006 Single family home average prices, we would have to slip down to average prices of $292,829 - is that possible? In my opinion, NO.
We actually only have 20% increase in housing prices in the past 2 years - 10% a year return - that sounds like a reasonable return and hasn't the land always given reasonable return?
At December 2008 year end the statistics are ...

With the unraveling of the month of November 2008, here is the Greater Edmonton MLS Statistics:
The average price of a single family residence still hovering at the $362,000 range
Condos are still continuing to slide to an average price of $231,531 (at the height of the market back in June 2007 it was at $266,100 - about a $35,000 difference or a 12.9% Drop)
Overall the Average residential ...

Even while the economy is ebbing and flowing in a sea of uncertainty, right here in Edmonton Alberta the average price of a single family home stood its ground and made some headway, creeping up from October's reported average price of $362,097 to Novembers reported price of $363,274 (a .33% increase).
The condo market that has been fairly stable, experienced its largest ...

Century 21 Canada Limited Partnership currently has franchise opportunities available in select markets across Canada. The intent of this communication is for informational purposes only and is not intended to be a solicitation to anyone under contract with another real estate brokerage organization. CENTURY 21® is a registered trademark owned by Century 21 Real Estate LLC, used under license.
Each office is independently owned and operated. ®(™) Registered trademarks of Century 21 Real Estate LLC used under license.

The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.